The agreement will see Adapt deliver all of Moneycorp's production services at a significantly increased level of availability and performance, as well as strengthening the company's existing disaster recovery capabilities.

Founded in 1979, Moneycorp is now a £11bn provider of wholesale and commercial foreign exchange operations with a constantly growing network of bureau de change outlets. From developing FX strategies for business clients to providing the right currencies for holidaymakers across London and at key UK airports, Moneycorp deliver unparalleled customer service backed by true financial expertise.

Adapt was selected to provide an initial split-site colocation agreement following a competitive tender process undertaken by Moneycorp. However, as the two companies began working closely together, Adapt gained a better insight into Moneycorp's exact requirements and consequently transformed the original scope into a fully managed outsourced environment.

Kenneth Byrne, Head of IT Services at Moneycorp: "Moneycorp's aims were two-fold - firstly to significantly reduce the organisations overall IT infrastructure risk by putting in place a highly resilient and reliable infrastructure based around a dual data-centre, mirrored-site offering. Secondly to put in place a first-class infrastructure that would grow and scale to meet the business current and future expansion needs. With Adapt's eVDC service we have managed to achieve both of these core aims quickly and at a competitive cost, allowing internal IT teams to re-focus from reactive hardware maintenance to more customer-centric and strategic elements."

Adapt's eVDC has provided Moneycorp with synchronously replicated storage across two sites for maximum possible availability. Adapt has also provisioned a compute layer based on Cisco's leading UCS technology, coupled with VMware vSphere configured for maximum performance and memory/ CPU workload. Finally, Adapt procureured and manage a fully resilient WAN infrastructure connecting their London offices using diverse carriers.

"This is an exciting partnership for us, as Moneycorp is a true leader in the fast-moving and constantly evolving FX market," said Simon Fisk, Sales and Marketing Director at Adapt. "We spent a lot of time working alongside Moneycorp to gain a true understanding of their unique requirements. As a result, it became clear that our eVDC could offer significant performance and reliability advantages, capable of growing in line with Moneycorp's own business. We look forward to developing this relationship in the near future."